Customers Bancorp (CUBI) Tops Q4 EPS by 2c, Offers Outlook

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Customers Bancorp Reports Record Results for Full Year 2021

January 24, 2022 5:13 PM EST

Record Full Year 2021 Net Income of $300.1 million, or $8.91 Per Diluted Share, Up 153% Over Full Year 2020

Record Deposit Growth of $5.5 billion, Up 48% Year-Over-Year

Q4 2021 Net Income of $98.6 million, or $2.87 Per Diluted Share, Up 87% Over Q4 2020

Q4 2021 ROAA of 2.08% and ROCE of 33.2%

Q4 2021 Loan Growth of $1.0 billion (Excluding PPP Loans and Loans to Mortgage Companies), Up 13% Over Q3 2021

Q4 2021 Tangible Book Value Increased 33% Over Q4 2020

Full year 2021 net income available to common shareholders was $300.1... More